201 Lake Street, Shreveport, LA, United States 71101
Asking Price: $6,000,000
The Best Western Chateau Suite Hotel presents an excellent opportunity for an investor to purchase a nationally branded property in Downtown Shreveport significantly below replacement cost. The hotel is currently absentee-owned and presents an opportunity for a more hands-on investor to turn the property around for significant upside. The current ownership just completed a $450,000 renovation on the property in 2013. The very low business costs and stable employment provides a very good basis for a new owner/operator.
The hotel is one block off I-20 in the heart of downtown Shreveport’s Central Business District and within walking distance of the city’s mot popular casinos and the Shreveport Convention Center.
Bar/Lounge, Outdoor Pool, Business Center, Conference Space and Fitness Center. Contact broker for confidentiality agreement and offering memorandum.
Property and Business For Sale.
- Total Sq. Ft. - 87,432 sq. ft.